Bright Scholar Education (NYSE:BEDU) Shares Up 1% - Time to Buy?

Key Points

• Bright Scholar Education's shares rose by 1% to $2.11, with trading volume increasing by 33% compared to the average session.
• Weiss Ratings has issued a "sell (d-)" rating on the stock, which currently holds an average rating of "Sell" from analysts.
• The company operates K-12 schools and education services in multiple regions, including China, Hong Kong, and the United States.

Shares of Bright Scholar Education (NYSE:BEDU - Get Free Report) shot up 1% on Tuesday . The stock traded as high as $2.13 and last traded at $2.11. 22,153 shares were traded during mid-day trading, an increase of 33% from the average session volume of 16,660 shares. The stock had previously closed at $2.09.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Bright Scholar Education in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of "Sell".

Bright Scholar Education Stock Performance

The firm has a fifty day moving average price of $1.82 and a 200 day moving average price of $1.76. The firm has a market capitalization of $62.73 million, a price-to-earnings ratio of -0.45 and a beta of 0.31.

About Bright Scholar Education

Bright Scholar Education Holdings Limited, an education service provider, operates and provides K-12 schools and complementary education services in China, Hong Kong, Canada, the United States, and the United Kingdom. The company operates in three segments: Overseas Schools; Complementary Education Services; and Domestic Kindergartens and K-12 Operation Services.

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